Bernie Madoff may have one last scam in him. And this one may be the biggest and most infuriating of all. He may sleaze his way out of rotting away his last days in prison.
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President Obama's SEC and entire regulatory structure needs to be far better. Consumers cannot wait.
President Obama, I have to ask, why isn't Bernie Madoff behind bars?
It's beginning to look like Madoff's business model had less in common with a hedge fund or investment management firm than it did with an online virtual reality game.
As the poor and the formerly middle class Nouveau Poor become the American majority, they will finally have the clout to get their needs met.
Even if Madoff goes to jail today, he still doesn't face indictment for at least another 30 days. The grand jury has been given an extension to deliberate -- and some of us are baffled as to why.
"Dear neighbors, in exchange for all the support you've shown me, I'd like to do something for you -- in the form of the investment opportunity of a lifetime."
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